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A Scheme For Incentivizing Investment in Transmission Enhancements

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  • Contreras, Javier

Abstract

Providing the right incentives for investment continues to be a major source of concern in the New Zealand electricity sector. This seminar outlines a decentralised incentive mechanism designed to encourage transmission investment within a competitive market environment based on a system that rewards investors according to the additional social welfare they create. This mechanism is then compared with a centralised system in which all decisions are made by a single transmission planner.To read the paper this presentation is based on click here.

Suggested Citation

  • Contreras, Javier, 2007. "A Scheme For Incentivizing Investment in Transmission Enhancements," Working Paper Series 19077, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
  • Handle: RePEc:vuw:vuwcsr:19077
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    File URL: https://ir.wgtn.ac.nz/handle/123456789/19077
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    Keywords

    electricity; transmisson;

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